OKX out of the blue dismissed Felix Fan, the spokesman of X Layer, creating neighborhood misery and rumors. OKX’s President not directly accused Binance of poaching its expertise, elevating further questions.
The 2 exchanges have had a couple of disagreements in current days, however a devoted poaching marketing campaign can be a minor scandal. Nonetheless, there’s no clear decision in sight, and OKX’s dealing with of the incident might spark discontent.
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OKX and Binance Feud
Since OKX launched X Layer, its L2 community, final 12 months, Felix Fan has served because the protocol’s official spokesman and “Builder #001.”
Though he achieved a well-liked following resulting from his neighborhood engagement, the neighborhood was shocked at the moment as X Layer eliminated him.
Throughout his tenure, Felix Fan, spokesperson of X Layer, engaged in actions that created a battle of curiosity with the corporate.
Such conduct violated each his employment contract and the corporate’s skilled code of ethics. After cautious consideration, the corporate has… pic.twitter.com/g5x7mYKEXo
— X Layer (@XLayerOfficial) October 28, 2025
X Layer’s assertion was extremely obscure, citing a battle of curiosity and moral violations. Fan himself has been silent on the difficulty, so the neighborhood has been participating in hypothesis.
Nevertheless, a brand new submit from OKX President Hong Fang sheds some mild on the scenario, and it appears clear that Binance was concerned.
The OKX President’s submit didn’t instantly focus on Fan’s removing or Binance, however directed harsh criticism at a “certain competitor.”
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This competitor, “BN”, has allegedly been making an attempt to poach OKX’s expertise, offering tempting gives and subsequently discarding these workers. Hong made this submit in response to Fan’s removing, so it clearly looks like a solution.
Murky Rumors and Meme Coin Bets
OKX and Binance have lately been engaged in a low-level feud, so it appears simple that “BN” refers back to the world’s largest trade.
This appears to recommend that Binance was making an attempt to present Fan a sexy supply to depart. Even then, nonetheless, he didn’t stop; he was fired. It’s unclear what his precise violation was.
Fortunately, the neighborhood’s rumor mill has been arduous at work offering a proof. One supporter claimed that Fan was in a pleasant meme coin-related wager with OKX’s CEO. Fan picked XDOG, X Layer’s top-performing meme coin, to outperform a Binance product.
Tweet Fueling Binance Expertise Poaching Rumors
Nevertheless, XDOG subsequently plummeted, and Fan congratulated CZ afterward. The unique submit has apparently been deleted, and the out there screenshot is in Mandarin, so it’s not value reproducing instantly. Nonetheless, this transient interplay might have infected tensions between OKX and Binance.
In the end, no matter occurred, there are a lot of variables within the air. It’s unclear if Fan will transfer additional into Binance’s orbit or if the trade will reply to OKX’s claims.
Nonetheless, this ambiguous scenario has aroused sturdy feelings amongst OKX supporters. The agency’s popularity might proceed declining if it doesn’t get extra solutions.
